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Germany: ZEW index rising again

Market experts "optimistic about the future"

16 February, 15:00
(ANSA) - BELGRADE, FEB 16 - The ZEW Indicator of Economic Sentiment for Germany increased again considerably, climbing 9.4 points in the February survey to a new reading of 71.2 points compared to January, the ZEW institute said in a statement today.

"The financial market experts are optimistic about the future. They are confident that the German economy will be back on the growth track within the next six months. Consumption and retail trade in particular are expected to recover significantly, accompanied by higher inflation expectations," said ZEW President Professor Achim Wambach. (ANSA).

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